MT518: (38) Field 17B: Flag
FORMAT
| Option B | :4!c//1!a | (Qualifier)(Flag) |
PRESENCE
Optional in optional subsequence B2
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
O |
CONV |
N |
|
B |
Convertible Flag |
2 |
O |
FRNF |
N |
|
B |
Floating Rate Note Flag |
3 |
O |
COVE |
N |
|
B |
Covered Flag |
4 |
O |
CALL |
N |
|
B |
Callable Flag |
5 |
O |
PUTT |
N |
|
B |
Putable Flag |
6 |
O |
WRTS |
N |
|
B |
Warrants Attached on Delivery Flag |
7 |
O |
ODDC |
N |
|
B |
Odd Coupon Flag |
DEFINITION
This qualified generic field specifies:
CALL |
Callable Flag |
Indicates whether the issuer has the right to repay the financial instrument prior to maturity. |
CONV |
Convertible Flag |
Indicates whether the financial instrument is convertible into another type of financial instrument. |
COVE |
Covered Flag |
Indicates whether the underlying financial instrument of an option is owned by the writer of the option. |
FRNF |
Floating Rate Note Flag |
Indicates whether the interest rate of an interest bearing instrument is reset periodically. |
ODDC |
Odd Coupon Flag |
Indicates whether the payment of the coupon (interest) on an interest bearing instrument is off the normal schedule. |
PUTT |
Putable Flag |
Indicates whether the holder has the right to ask for redemption of the financial instrument prior to final maturity. |
WRTS |
Warrants Attached on Delivery Flag |
Indicates whether the warrants on a financial instrument (which has been traded cum warrants) will be attached on delivery. |
CODES
Flag must contain one of the following codes:
N |
No |
No. |
Y |
Yes |
Yes. |
